022: Building Momentum: Setting up the Right Framework for Your Business

Many business owners are caught in a difficult cycle of overworking and getting frustrated when setting up their businesses. It's often one of the most challenging aspects of entrepreneurs. However, there are many ways to cut through this chaos and take back that freedom. Peter Mohr, a business coach and host of the Simplifying Entrepreneurship podcast – talks about how to go through the process of taking back that freedom. Specifically, he joins the podcast to talk about how entrepreneurs reduce frustrations and set up the right framework for your business. Essentially, making one feel that you are the owner of your business and not the other way around! Wheel of momentum The six C's to momentum starts off with clarity, you need to be clear about what you want to do. Because clarity brings you confidence, we don't move ahead without confidence. So if you're not feeling confident, you got to rewind a little bit and build more clarity. And once we have the confidence, we're looking to build competence. And competence often happens when you look into the strengths of your team and the things that you have at your disposal. Sometimes it's an outsource partner, or whatever the case is. As the old concept goes, you don't always need to know how to get something done; you need to know who can help you get it done. However, entrepreneurs seem to get tied up often because they're spending all their time trying to figure out how to do something instead of spending half that time finding out who can do it for them.  And once you found the cooperation within, you've built your competence, confidence, and clarity, and then we're building capacity. And once we start building capacity, well, that's when things get exciting. Now I'm feeling the momentum. You can feel it sort of building up within your team within your organization within your mind as a leader. And once you start feeling comfortable and others see that's not in the model. And once you start feeling comfortable around this, you can be creative again.